I hope everyone had a great weekend and are now ready to make some money.
The theme for the weekend was reopening gathers steam. Airline numbers are three quarters of 2019 and fast approaching normalcy and “A Quiet Place 2” pulled in $58 million through Monday.
Yesterday, the OECD upped their GDP estimates for America to 6.9% for this year from 6.5% estimate in March. Their global estimate is now 5.8% from 5.6%.
One of the biggest winners from the global reopening is crude oil and West Texas Intermediate is breaking out this morning – this is huge.
We are adding to Materials this morning in our Hotline Model Portfolio.
Lots of important data out shortly on manufacturing, and of course, we get the big jobs report on Friday.
Looking for small caps to continue to regain momentum lost to profit-taking.
|USA is looking good!|
Lorin K on 6/1/2021 2:58:23 PM
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